Board of Directors

Mauritius Holding Company Board of Directors

Independent Non-Executive Director
OLIVIER BEROUD

Olivier Beroud has extensive experience in rating agencies and banking. He was until recently Managing Director, Head of EMEA for Moody’s, based in London, where he was responsible for the Rating Agency’s strategy and operations. He was previously a Managing Director in Moody’s corporate ratings business. Olivier ran Barclays Banks Plc’s Ratings Advisory Group from 2006 to 2011 and prior to that, he spent 10 years at Standard & Poor’s as a senior analyst and worked as a banker for Natixis and as a consultant for Moore Stephens. He has a MBA from Cass Business School. Olivier currently runs his own pension consultancy, and is a visiting professor at the London Institute of Banking and Finance. He is a board member on a variety of organizations in the rating, trade finance and charity sectors. Olivier specializes in training on topics such as credit ratings and rating systems, corporate finance, corporate governance and financial analysis. He sits on the audit and assurance committee of the Financial Reporting Council in London and lectures in risk and corporate governance at Skema business school as well as at the London Institute of Banking and Finance. He is a trustee and chair of the risk committee on the Stratford Art Trust. He has provided training to senior executives all over the world and coached board members.

Independent Non-Executive Director
SANTOSH GUJADHUR

Santosh K. Gujadhur is the co-founder and a director of GFin Corporate Services Ltd (“GFin”). Prior to the setup of GFin in 2010, he was a corporate associate in the New York office of Sidley Austin LLP. Prior to that, Santosh worked at Clarel Benoit Chambers, one of the band-1 rated firms in Mauritius by Chambers and Partners (UK). He has extensive experience in interacting with lawyers, tax advisers and boards of directors of funds/SPVs in various jurisdictions to structure, close and maintain investment vehicles. He received his Doctor of Law degree, with a concentration in Business Law and Regulation, from Cornell University and a B.S.C in Biochemistry from Boston College. Santosh is also a licensed legal practitioner and is admitted to the New York State bar in the USA.

Independent Non-Executive Director
TEJ GUJADHUR

Tej Gujadhur is the co-founder and a director of GFin Corporate Services Ltd (“GFin”). Prior to the set-up of GFin in 2010, he was the Chief Financial Officer (“CFO”) of Apollo Management’s European distressed and principal finance business. He has been in the financial sector of Europe and USA for 16 years, with a focus on the private equity and hedge fund industries in London, Dublin and New York both as a senior manager with Ernst & Young and senior in-house positions. He has also been CFO of The Children’s Investment Fund and its affiliates, with assets in excess of $15billion. Tej received his MA in International Banking and Financial Services from the University of Reading, UK and a BSc. (Hons) in Computational Science and Economics from the University of Leeds, UK. Tej is a Chartered Accountant from the Institute of Chartered Accountants of England and Wales.

Non-Executive Director
MICHAEL FISCHER

Michael Fischer is DEG Director of Financial Institutions Africa and the Director of the Regional Officer For Southern Africa. Michael has a degree in engineering and business administration. His career spans more than 25 years, having occupied senior positions at Dresdner Bank before joining DEG. DEG was founded in 1962 with the mandate to promote business initiative in developing and emerging market countries as a contribution to sustainable growth and improved living conditions of the local population. Michael has senior level experience in corporate financing, financial structuring, investment banking, private equity and much more. He is well known by his colleagues for his experience and inputs into structured finance markets and related activities.

Non-Executive Director
DAVID CHARLES KING

Dave King is a former member of the Technical Advisory Committee of the South African Institute of Chartered Accountants. Prior to co-founding the debt ratings initiative in Africa in the early 1990’s, he was a senior manager with one of the major South African banks. His expertise lies in the field of credit and strategic risk analysis, with over 25 years senior management experience in this field, including 24 years with a credit rating agency.

Non-Executive Director
ERIC KUMP

Eric Kump is Head of the Carlyle Sub Sahara Africa Fund and an advisor of the Carlyle European Partners investment committee. Eric has more than 20 years of private equity experience spanning four continents and numerous sectors. Prior to joining Carlyle European Partners in 2010, Eric was a Managing Director and Head of the European Private Equity team of Dubai International Capital (DIC). Prior to that, he was a Managing Director with Merrill Lynch Global Private Equity (MLGPE) where he was a member of the global investment committee. Eric received his M.B.A. from Harvard Business School and he received a B.A. in finance and accounting from Pace.

Non-Executive Director
BRUCE STEEN

Bruce Steen is a senior investment professional with 3 years accounting, and a further 11 years of private equity experience in both developed and emerging markets. He is currently a Director for Sub-Saharan Africa at the Carlyle Group, where he is responsible for sourcing and evaluating private equity investment opportunities. Bruce is a founding member of Carlyle’s Africa Fund, and is involved in all aspects of raising and staffing the fund. Bruce is a Chartered Accountant and Chartered Financial Analyst.

Executive Director
MARC JOFFE

Marc Joffe is GCR's Chief Executive Officer, and is responsible for the Rating Agency’s strategy and operations for Africa. He has more than eighteen years of experience in the credit rating industry, all served at GCR, and spanning multiple sectors and countries across the African continent. Marc also previously held various senior analytical roles at GCR. He has a Bachelor of Commerce Degree in Business Economics from the University of the Witwatersrand.